Injective Protocol (INJ) Hits Market Capitalization of $2.00 Billion

Injective Protocol (INJ) traded 1.8% lower against the dollar during the 24-hour period ending at 15:00 PM E.T. on October 2nd. Over the last week, Injective Protocol has traded 10.3% lower against the dollar. Injective Protocol has a market capitalization of $2.00 billion and approximately $138.09 million worth of Injective Protocol was traded on exchanges in the last 24 hours. One Injective Protocol token can currently be purchased for $20.47 or 0.00033578 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 13.9% against the dollar and now trades at $0.0405 or 0.00000066 BTC.
• P2P Solutions foundation (P2PS) traded 3.8% lower against the dollar and now trades at $156.20 or 0.00256177 BTC.

Injective Protocol Profile

Injective Protocol’s launch date was October 17th, 2020. Injective Protocol’s total supply is 100,000,000 tokens and its circulating supply is 97,697,857 tokens. The official website for Injective Protocol is injective.com. Injective Protocol’s official Twitter account is @injective_ and its Facebook page is accessible here. The Reddit community for Injective Protocol is https://reddit.com/r/injective and the currency’s Github account can be viewed here.

According to CryptoCompare, “The Injective project aims to make currency exchanges completely decentralized, public operated networks. What this means is the exchange is solely operated by people who hold INJ tokens. There is no centralized governing body that enforces control over the development of the project. The Injective Protocol project officially launched via a public offering in 2020, and it was backed by names in the industry like Binance, Pantera and Hashed.The Injective Chain is the blockchain foundation of the project. It hosts a completely decentralized order book and employs elements from the Ethereum Virtual Machine (EVM). The platform also incorporates a bi-directional token bridge, linking it to the Ethereum ecosystem.”

Injective Protocol Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Injective Protocol directly using US dollars. Investors seeking to trade Injective Protocol should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Injective Protocol using one of the exchanges listed above.

INJ/USD price chart by TradingView